In case the CEO is also the owner of a limited liability company (owned by an individual), the company shall pay the air fare and hotel stay in Vietnam if it is stipulated in the labor contract. The Collective labor agreement; The financial regulations of the Company are of the nature of salary, wages:
• Regarding personal income tax: the benefit received by the company owner is not included in the income taxable income of the company owner.
• Regarding EIT, VAT: The company is not allowed to deduct VAT and is not deductible when calculating the corporate income tax payable by the Company.
Official Dispatch No. 5421 / CT-TTHT on the payment of air tickets and hotel accommodation in Vietnam for calculating personal income tax.